The Tax Administration Bill ("TAB") was passed by parliament (including the National Council of Provinces) on 7 December 2011 and the status of the TAB on the Parliamentary Monitory Group website is currently "to be sent for assent".

It was announced in the 2012 budget speech of the Minister of Finance, Pravin Gordhan, on 22 February 2012 that the taxation of dividends will be increased from the current 10% secondary tax on companies ("STC") to a 15% dividend withholding tax with effect from 1 April 2012.

The Supreme Court of Appeal ("SCA") delivered judgment in favour of the South African Revenue Service ("SARS") on 28 September 2011 in the case of CSARS v Labat Africa Limited (669/10) [2011] ZASCA 157, where the court was tasked with deciding whether Labat Africa Limited ("Labat") could deduct from its income the value of shares issued in consideration for the acquisition of a trademark by assignment